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1. Carbon black market price
Today, the carbon black market is smoothly consolidated. As of now, the price of N330 mainstream products in the carbon black market is 7,800 - 8,000 yuan/ton in Shandong; 7,800 - 8,000 yuan/ton in Shanxi; 7,900 - 8,300 yuan/ton in Hebei; 7,900 - 8,100 yuan/ton in Guangzhou; and 7,700 - 7,900 yuan/ton in Zhejiang. Market prices in various regions have not changed significantly this week after rising and fluctuating last week, and the market is operating stably.
2. carbon black index
According to TDD-global data, the carbon black price index on November 1 was 7928, which remained stable compared with yesterday.
3. Carbon black market impact analysis
1. Upstream raw materials: Following the rebound in raw material prices last week, the cost side supported a high level. As of today, the price of coal tar in Shandong is 3950 yuan/ton, the price of coal tar in Shanxi is 3960 yuan/ton, and the price of coal tar in Hebei is 3960 yuan/ton;2. Carbon black supply, the start of construction in some areas of Shandong and Shanxi has declined. The fluctuations in start-up in other areas are limited, and the overall start-up of carbon black sample companies has declined; the downstream demand market maintains a wait-and-see posture, focusing on just getting goods.
The cost of coal tar, the raw material in the carbon black field, is supported at a high level, with no significant change. The market has a strong wait-and-see atmosphere and the attitude of supporting prices remains unchanged.
4. market outlook
This week, the raw coal tar market remained high. While the main downstream products were successfully rising, positive factors in the market still existed. However, terminal demand was weak and difficult to change, and the degree of rebound was limited. There had been no significant fluctuations in the near future, which had a negative impact on the cost side of carbon black. Support temporarily stable. Downstream demand for carbon black remains just in need of delivery, and market trading is limited. As of today, there is no clear news guidance in the carbon black market, and prices have been stable in the near future.
